0 W Big Rock RD Waterloo, IA 50703

Overview

INVESTOR'S DREAM. 115 Acres of rich farm land in Black Hawk County (112 acres tillable) just North of Waterloo. Farm ground has a CSR rating of 86.2, patterned tiled by Weaver Tile from Oran Iowa. Located conveniently on hard surface road. Production averages for corn and beans are high. Tillable ground rents for $33,600 per year with long standing tenant on a year to year lease. Farm has mineral lease with royalty payments $10,000 per year, and should increase when mineral production begins. Lease has been in place since 1984 and goes until 2028 (lessee has offered to extend an additional 20 years).

School Population

Grade Size Distribution

PreK: 13

Knd: 4

1st: 10

2nd: 19

3rd: 16

4th: 7

5th: 10

6th: 12

7th: 13

8th: 12

School Population

Teachers: 0

Students per Teacher: N/A

Students: 116

* School data provided by US Department of Education

Listing information is provided in part by the Internet Data Exchange (IDX) program of Des Moines Area Association of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2018 Des Moines Area Association of REALTORS®, Inc. All rights reserved.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional